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First Look

News/Business. The day's live news coverage. New.

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Us 7, Msnbc 5, America 4, Sandy 3, Romney 2, Lynn 2, Andrea Mitchell 2, John Boehner 2, Nbc 2, Marco Rubio 2, Kroger 2, U.s. 2, Iowa 2, Montana 2, Minneapolis 2, Florida 2, Washington 2, Chicago 2, Jan Brewer 1, Indy 1,
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  MSNBC    First Look    News/Business. The day's  
   live news coverage. New.  

    November 9, 2012
    2:00 - 2:29am PST  

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with their money. thank you for joining us. last night house speaker john boehner -- also, he's not
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backing off his stand on tax hikes. >> raising taxes on small business people is the wrong prescription given where our economy is. >> is it on the table to talk about? >> i made clear yesterday that raising tax rates is unacceptable and frankly it couldn't even pass the house. >> at issue here is this perfect economic storm that could have serious consequences. nbc's andrea mitchell breaks it dun for you. >> reporter: the campaign was tough. victory is sweet. now comes the hard part. >> on january 1st, 2013, there's going to be a massive fiscal cliff of large spending cuts and tax increases. >> reporter: so what exactly is the fiscal cliff? it's night mare combination of tax hikes and spending cuts the president agreed to to force themselves into a compromise. so far, they haven't agreed on anything. so barring a last-minute fix at the stroke of midnight on new
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year's eve, the bush tax cuts expeer. the alternative minimum tax kicks in. more than half of all married couples with two children would owe an additional $4,000 in taxes each year. those with three or more children, that jumps to $4700. on top of that, the 2011 temporary payroll tax cut would expire, so add on a 2% tax increase for most workers. then there would be automatic spending cuts in 1,000 government program, including defense, medicare, extended unemployment benefits. everything but veteran's benefits, social security, and federal pensions. economists say that combination would act as a break on the economy, throwing it back into recession and could cause a market crash. >> that was nbc's andrea mitchell reporting. today at 1:00 p.m. eastern, president obama will lay out the first steps since his re-election to help avoid the nation falling into recession again. tracie potts is in washington with the latest on that. good morning to you.
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>> reporter: lynn, good morning. and in that speech, and it will be a speech because there will be no questions, we're told, from the white house, the president will urge congress to do one thing immediately. extend the bush tax cuts. that means your tax rate would not go up as of january 1st. beyond that, it's still vague. we're told he won't pitch a specific plan but he will urge congress, republicans and democrats, to cooperate to avoid that fiscal cliff andrea was just talking about. we will also hear today before the president from house speaker john boehner on what republicans are willing to do, how far they're willing to go. as you heard yesterday, he talked about possible tax revenue but conservatives say, and he later clarified in that interview, he was not talking about raising taxes on the wealthy, which is what the president proposed. what the republicans want to do is implement pro-growth policies. if the economy grows, people are
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making more money and that will create more tax revenue. lynn. >> all right, tracie. thanks. now here's a side of the leader of the free world you don't see every day. getting choked up. this all happened on wednesday as president obama thanked staffers and volunteers at his chicago campaign offices. it's some new video that was released by his campaign. take a listen. >> you guys have proved that the work i'm doing is important. i'm really proud of that. i'm really proud of all of you. and what you've -- [ cheers and applause ] >> definitely an emotional moment for everybody that was there. all right. we're going to shift gears a bit. after nearly being killed by jared loughner, former arizona congresswoman gabrielle giffords came face to face with him in a tucson courtroom yesterday. loughner was sentenced to seven consecutive life terms.
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her husband, mark kelly, told loughner, quote, you may have put a bullet through her head, but you haven't put a dent in her spirit. well said. kelly also blasted arizona governor jan brewer for her response to gun violence. and kelly's going to be sitting down with with savannah guthrie for an exclusive interview this morning on "today" on your local nbc station. it's been more than a week after sandy, and drivers in new york city are still feeling the frustration of these long lines of gasoline. now officials are following new jersey's lead by ordering fuel rationing beginning today to deal with the fuel shortages and distribution delays. meanwhile, buyer beware. if you're in the market for a new or used car in the coming years, it should be something to be concerned about. >> reporter: just like in hurricanes past, sandy left behind lots of soaked and sand-filled cars. >> the estimate is there's at least 16,000 new cars that were
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damaged and up to 250,000 used cars. >> reporter: and guess where many, if not most, will end up? >> put back into the market and resold to unsuspecting consumers. >> reporter: so what do you do? >> the number one thing for anybody looking to buy a used car is to pull a vehicle history report. >> reporter: also, let a mechanic you trust take a look at it, or at the very least, inspect the car yourself and include a smell test. >> the odor. when a car sits in standing water, particularly in salt water, that car will take on a smell that's very difficult to get rid of. >> reporter: look for debris or water lines inside the car, the trunk, and engine compartment. dingy headlights and taillights could be a hint the car has been under water. plus, keep in mind there's nothing illegal about selling a once-flooded car, provided you know that before buying. >> if you get a really, really good deal on it, it might still be a good buy for you. >> reporter: but if you have doubts, don't get soaked.
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walk away. >> something you wouldn't even think of. now for a look at your national weather, we turn to bill karins. warming up on the east coast. that's a relief. >> we need it. a lot of people are starting to finally get their power on. we could just use the break. the snow needs to melt. we need to get back to normal. the weather pattern across the country has been anything but normal. we had these huge dips in the jet stream and the ridge between. this dip means a big storm. that's what we have today. the weather will improve from here. when we have the jet stream that's very dynamic like this, almost like a snake, that's when we get these big storms. we want the more horizontal flow. the jet stream goes from west to east in a straight line, that means tranquil weather. we've had anything but as of late. the warm temperatures are surging towards the eastern seaboard. they're in the 60s this morning in dallas.
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it's almost like a summer morning. some of that will work east. everyone else, it's another day to bundle yourself up. even north florida is in the low 40s this morning. as far as the big storm out west, mostly the worst of it will be in the northern rockies. blizzard warnings for areas of montana. tons of snow out here with lots of strong, gusty winds. the white is the snow already falling. some rain mixing at the higher elevations with the snow. almost the entire state of montana is covered with a good snowfall. the forecast for today, after a cold start, a nice afternoon in the southeast. new england, slow improvement. we will see late day rain in minneapolis. the rest of the country looks okay. through the weekend, that storm heads into the heartland. >> all right. we'll check back in a little bit. peyton's potential pizza payday. headlines are next. plus, the company that vows to hire 100,000 veterans. you're watching "first look" on msnbc. wanna see me get some great deals?
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well, plenty of stories
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making news this morning. there's new video of the 15-year-old pakistani girl who's recovering at a british hospital after being shot in the head by the taliban last month. her father says she's recovering well and is humbled by the worldwide outpouring. seven members of navy s.e.a.l. team six are in trouble because of a video game called "medal of honor: warfighter." they're being punished for divulging classified information to the game's maker. the pentagon says iranian aircraft fired twice at an unarmed u.s. drone patrolling the persian gulf last week. the shots missed and the drone was unharmed. and next week, a house panel will hold a hearing on the september 11th attack on the u.s. consulate in benghazi that left four americans dead. and now here's your first look at this morning's dish of
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scrambled politics. shell shocked. that is how a campaign adviser describes mitt romney's reaction after giving his concession speech. this according to cbs news. insiders tell nbc news the campaign closed down so quickly some staffers couldn't even use their campaign-funded credit cards to pay for their taxis home that night because they'd been deactivated. florida secretary of state says he hopes to finally have full election results by saturday, but the romney campaign says either way it won't bother contesting the numbers. look fast because this is probably all you'll ever see of president elect romney's website. it accidently went live just long enough for political blogger to capture a few screen shots of it. the transition team pages talk about the inauguration and ways to join the romney administration. and please do not blame us. seriously, we're tired of it too. but it is our job to let you know that florida senator marco
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rubio is heading to iowa this weekend to headline a birthday fundraiser for the state's governor. let's see, marco rubio, iowa, 2016. just saying. and when daniel day lewis showed up at a british film awards ceremony with an empty chair, well, you know where this is going. >> i'm so extremely grateful and glad that taking time out of his very busy schedule that the recently re-elected president of this country was able to make it here tonight. [ laughter ] [ cheers and applause ] >> yep. all right. finally, how did 19th century naturalist charles darwin manage to land 4,000 votes in a georgia congressional race? it was a write-in after incumbent republican paul brown called evolution and the big bang theory, quote, lies straight from the pit of hell. brown did manage to beat darwin and all other challengers. that's your morning dish of scrambled politics. so last night on "politics
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nation," megan mccain spoke with reverend al sharpton about the direction of the gop and where she thinks the party went wrong. >> i think we haven't done a good job of reaching out to minorities, reaching out to women. i think gay marriage is an issue that's a generational issue that's quite clearly trending towards passing in all states in america. for whatever reason, this obsession with social issues is killing us. it was a very difficult night. that tweet i sent out was one of the most popular things i ever tweeted in the almost 2 1/2 years i've been on twitter. this is a very harsh reality that we're facing right now, but i'm not shocked or surprised. i knew this when my father lost. i've been sort of ost that sized for my party that i've discussed with you on this show before. i don't know what people want anymore. i don't know what people in this party want anymore. if they're not going to accept people like me, this party is going to die. >> don't miss "politics nation" weekdays at 6:00 eastern here on msnbc, the place for politics.
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wall street was down for a second consecutive day. a triple-digit drop for the dow, opening at 12,811. the s&p tumbled 17. the nasdaq sank 41. the nikkei drops 79 points while in hong kong the hang seng slipped 182. so, of course, investors are going to be hoping for a rebounds today to close out this wild week. amazon.com is giving it another go at selling wine, but only in 12 states and the district of columbia. their first attempt failed because of regulations over the sale and delivery of alcohol across state lines. walmart has already started their hot sales promotions for the holidays. it's that time, guys. the stores will be open on what some call black friday eve. that's otherwise known as thanksgiving. denver broncos quarterback peyton manning may have perfect timing as he bought more than 20 papa john's pizza franchises in colorado right before the state's voters approved legal marijuana. manning bought the franchises two weeks before the vote, but
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users with a taste for pizza munchies may help make this a smart investment for him. kroger supermarkets with 2400 stores nationwide as started a hiring our heros program. the company set a goal of hiring more than 100,000 military veterans by 2020. kroger already has over 10,000 vets working for them right now. and not to worry, james bond is still a martini drinker, but heineken beer has paid over $40,000 for placement in the movie. at least daniel craig is only holding, not drinking, the beer. so you got that going for you. the ak-47 bank bandit strikes again, and a female first for the thunder birds. plus, the twisted story behind this stolen airplane. details are next. you're watching "first look" on msnbc. if you think running a restaurant is hard, try running four.
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here's a first look at some of the other news going on around america today. we're going to begin with a murder suspect's rampage at a utah airport. this is newly released video showing the commercial pilot driving a stolen plane out of control on airport grounds. during the july incident, the pilot smashed the regional jet into a building and parked cars before fatally shooting himself. police believe he stabbed his girlfriend to death three days before he went over the edge. a bank robber known as the
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ak-47 hit another bank last night, this one in idaho. the fbi believes the suspect has executed a string of bank robberies in california and washington armed with an assault rifle. a $20,000 reward is being offered for information leading to the arrest. and finally, a female air force pilot is breaking more than the sound barrier with her latest accomplishment. this is pretty cool. caroline jensen became the first female reservist to join the famed thunderbirds. she's been flying for over 17 years. she hopes to inspire the next generation of air force airmen. to sports now. nfl thursday night football, indy, jacksonville. andrew luck scored two touchdowns on the ground against the jaguars. the indy defense came up big in a 27-10 win. to college football, number ten florida state made a dramatic fourth quarter comeback scoring on a touchdown pass. the seminoles won a swequeaker
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28-22. now let's get another check on your weather. bill karins has your weekend weather forecast. right now it looks miserable. >> i'm looking forward to a normal weather week. after sandy and the nor'easter. we can have a quiet period through areas of the northeast. that would be nice. looks like that's heading our way. no big storms on the horizon, even through the next ten days. that's good. temperatures are cold this morning in the wake of that nor'east nor'easter. windchills in the 20s as far south as philadelphia, buffalo, and pittsburgh. everyone still without power, hopefully they're not in their homes. a little warmer than yesterday today. yesterday we were in the range -- we were heading into the 40s. today we should get into the 50s all the way from boston to hartford. we should take another couple inches off that snow pack. funny saying that this time of year. rest of the country, southeast looks cold and chilly to start. the storm in the northwest it the one we'll track through the weekend. we'll watch that on saturday. the worst of it will be heading
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into the midwest. could watch good storms from minneapolis through areas of nebraska. sunday, areas of rain. watch out in chicago during the day on sunday. possibly a watchoshout at times. the middle of the country is going to get a little stormy. >> all right, bill. thanks so much. just ahead, bond is back, and a new take on an old president. plus, whether you're team edward or team jacob, twilight mania is in full swing. your entertainment headlines are straight ahead. you're watching "first look" on msnbc. had to be slow. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use, it's the ultimate combination of speed, small size, and low-cost printing.
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well, in entertainment news, this weekend at the box office, there's really only one movie you need to see.
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really, there's only one wide release. it's bond, james bond in "s "skyfall," the 23rd film in the franchise. it's expected to do big business this weekend with an estimated $90 million. >> you going to see it? >> we hear it's amazing. >> are you going to go? >> absolutely. our pa matt gave it four stars." lincoln" is also coming out this weekend. you may have trouble finding it as it will only be released in 11 theaters. shlg >> why? >> don't ask me those questions. the colbert report weighed in on the nor'easter implications. take a look. >> yes, a nor'easter. a storm so powerful it can wipe out a region's supply of ts and hs. folks, i'm afraid that this new storm could hurt romney's
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momentum. i mean -- [ cheers and applause ] it could slow him down. i mean, he already lost the election. that can't help. >> he's not going to get over it for a while. finally, people camped out in november can only mean one of two things. either it's black friday, or in this case a twilight premier. they're amazingly dedicated. they are hoping to catch a glimpse of the film's stars. by the way, the premier is not today. it's on monday. giving these twi-hards plenty of time to reread all those books and talk amongst one another whether they're team edward or team jacob. >> some day i'll watch the movies and read a book. >> some day you'll understand the obsession. just watch one. >> which one? >> the first one. then maybe you'll get into it. and you'll get inspired. no? >> i'll go see bond. >> okay. all right. >> i'll make a compromise. >> i'm lynn berry. this is "first look" on msnbc. stay tuned.
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willie geist's last episode of "way too early" starts right now. congratulations. we're going to miss being your opening act. take care. sarah says good-bye for now. hard to believe a year ago we'd never heard of sarah palin. today, it's breaking news when she serves hot dogs. the question is, what is the next twist in this story? president obama proposes some budweiser diplomacy. the question is, are the rest of us going to sit down and have a real conversation about race? probably not. and bill gates has two problems. too much money. now he says too many friends. the question is, why is america's greatest nerd dumping his facebook friends? it's way too early for this. why is